JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Bought by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 40.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 635,844 shares of the company’s stock after purchasing an additional 183,110 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up 4.9% of Bridgewater Advisors Inc.’s portfolio, making the stock its 4th largest holding. Bridgewater Advisors Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $32,263,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Baystate Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 0.6% in the fourth quarter. Baystate Wealth Management LLC now owns 47,410 shares of the company’s stock valued at $2,406,000 after acquiring an additional 269 shares in the last quarter. IAM Advisory LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.7% in the 4th quarter. IAM Advisory LLC now owns 17,983 shares of the company’s stock worth $912,000 after buying an additional 298 shares in the last quarter. West Paces Advisors Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 16.4% during the fourth quarter. West Paces Advisors Inc. now owns 3,510 shares of the company’s stock valued at $178,000 after buying an additional 495 shares in the last quarter. StrategIQ Financial Group LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 12.3% in the 4th quarter. StrategIQ Financial Group LLC now owns 5,385 shares of the company’s stock worth $273,000 after purchasing an additional 590 shares during the last quarter. Finally, Macroview Investment Management LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth approximately $30,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock traded down $0.01 on Tuesday, hitting $50.69. 248,457 shares of the company’s stock traded hands. The stock’s fifty day moving average is $50.69 and its two-hundred day moving average is $50.66.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1399 per share. The ex-dividend date was Monday, April 1st.

JPMorgan Ultra-Short Municipal ETF Company Profile

The JPMorgan Ultra-Short Municipal Income ETF (JMST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US municipal bonds with a weighted average maturity of two years or less. JMST was launched on Oct 16, 2018 and is managed by JPMorgan Chase.